Restaurant Industry to Reach Record Sales in 2012
The National Restaurant Association predicts that total industry sales will hit $632 billion this year.
WASHINGTON – Despite sluggish recovery by the nation’s economy, the restaurant industry is projected to expand in 2012, according to the National Restaurant Association’s 2012 Restaurant Industry Forecast. Total restaurant industry sales are expected to reach a record high of $632 billion in 2012 — a 3.5% increase over 2011, marking the second consecutive year that industry sales have topped $600 billion. Read more…